The cash proceeds from the transaction will be used to reduce debt, improving Obsidian Energy's balance sheet and liquidity.

Capital plan of 38 net operated wells weighted towards Peace River asset, following up on our 2024 development ...

CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that it has entered into ...

InPlay Oil said it would buy assets mostly in the Pembina area of Alberta under an agreement with Obsidian Energy and certain Obsidian affiliates.

Generated $432.0 million of funds flow from operations, representing a 14 percent increase over 2023 (22 percent on a per share ...

Noble Financial analyst Mark Reichman maintained a Buy rating on InPlay Oil Corp. (IPO – Research Report) today and set a price target of ...

100% Increase in Production and >170% Increase in Light Oil Production: The Acquired Assets more than double InPlay's production to over 18,750 boe/d 2, with oil production increasing to over 9,500 ...

The Acquired Assets are consistent with InPlay's business model of acquiring high quality, operated, light crude oil reservoirs with large original oil in-place (" OOIP "). The Acquired Assets ...

Obsidian Energy to receive $220 million in cash, $85 million in equity and a 34.6 percent interest in the Willesden Green ...

Obsidian Energy agreed to sell its operated Pembina assets to InPlay Oil in a ~$320M deal. including a 34.6% interest in the ...